Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (25851)	8/31/1998 4:33:00 PM
From: P.T.Burnem	Read Replies (4) of 94695

WHERE HAVE YOU BEEN???? We ain't headed for one, WE GOTS ONE!!! Wouldn't you say a 17% sell-off from the peak, and most of it in the last 4 days constitutes a CRASH??? Not by a long shot. I don't think the circuit breakers have been triggered yet. The market is gathering momentum on the downside and could easily drop 20% in a single day. Too many leveraged positions out there, and too little cash. PTB

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